Member Info for Cornishknocker

I see Richard Williams is presenting at todays "Investingbin Tin" conference

The granites are variable - but I would be amazed if Trelavour is unique. Also remember that Jorc resource is confined by the existing pit shell.

Interestingly someone took a photo of Blackpool pit last week ( This is about 4 miles from Trelavour, and Imerys Ceased work there about 14 years ago). What the photo showed is the pit appears to be being drained.

He's always open to negotiations. The Tregothnan estate is incredibly successful. He made a fortune out of Wheal Jane in the 70's and 80's and is still making a fortune out of imerys today.

Cornish Lithium is 10% owned by Lord Falmouth (Tregothnan), who owns the mineral rights for Trelavour. He owns mineral rights to huge swathes of Cornwall, including Wheal Jane and parts of Geevor. In future years he will be key for Cornish Metals.

The Caesium is worth £170 Billion

That's £6.5 billion of Lithium.
The Rubidium has to be a mistake - that would be worth £5.5 TRILLION. But the market is tiny - 2500kg per year.

I don't believe any of these will be sold, this is somebody who wanted in.

I've been around, but I don't tend to post unless I feel I have something to add - I have been reading your posts with Interest.

I was up on Carn Brea with a friend and his drone, so we took a flight down to the drill site, it was good to see them all on site on a Sunday.

I've been saying since the deferred payment renegotiation that I think there will be a deal on crofty before Christmas- could this be it?

On Imerys "tailings" - its not really tailings, its waste, the mica is removed in the China clay extraction process - but there are literally hundreds of millions of tonnes stored.

On depth of the geothermal Wells, its pretty irrelevant to the Lithium extraction, GELhave to go to 5km + so that's the depth the water comes from. At present GEL have planning applications in for a further 4 sites,at least one of which is on CUSN mineral rights.

It would certainly require a second phase of drilling.

I expect there will be at least 2 holes at each drill location - different azimuths and angles.

They are on drill site 1 at present.

They started drilling 3 weeks ago, and the holes are no more than 300m deep, with drilling in granite, so they will almost certainly have finished their first hole and probably half way through the second.

I'm looking forward to the carnkie drilling results. There has been a lot of past reference to a body known as "the wide formation", which has been suggested to run parallel to the great flat lode. If what they are drilling on turns out to be that, it could be massive.

Compare tgat to their annual revenue in 1997 which was around $8 million, they posted around a $300,000 loss that year

Probably around 3,500

There was a large outflow of copper today hence the rise

I think this quarter we may see a small spike in the production cost as a lot of the development is production development as opposed to capital development, then in Q1 with the first high grade stopes, I'm anticipating it coming down to $2.50/lb.

Don't feel bad!

I use to share your view Danny, what I have learnt is not everyone does have the same goal, in fact some people's goals are the opposite of others.